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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 166,841 $ 138,960
Restricted cash 415 380
Investments 42,090 100,444
Accounts receivable trade, less allowances of $1,694 and $1,949 41,209 45,044
Other receivables 3,894 3,418
Inventories:    
Finished goods and work-in-process 35,583 35,909
Raw materials and supplies 23,996 23,179
Prepaid expenses 6,844 5,996
Total current assets 320,872 353,330
PROPERTY, PLANT AND EQUIPMENT, at cost:    
Land 21,738 21,740
Buildings 123,883 122,843
Machinery and equipment 422,506 416,625
Construction in progress 14,347 4,427
Operating lease right-of-use assets 858 1,580
Property, plant and equipment, gross 583,332 567,215
Less - accumulated depreciation 396,004 378,760
Net property, plant and equipment 187,328 188,455
OTHER ASSETS:    
Goodwill 73,237 73,237
Trademarks 175,024 175,024
Investments 220,020 153,031
Split dollar officer life insurance 2,514 26,042
Prepaid expenses and other assets 4,525 8,056
Deferred income taxes 1,038 689
Total other assets 476,358 436,079
Total assets 984,558 977,864
CURRENT LIABILITIES:    
Accounts payable 13,025 12,720
Bank loans 832 747
Dividends payable 5,948 5,861
Accrued liabilities 45,099 41,611
Postretirement health care benefits 544 598
Operating lease liabilities 780 1,062
Income taxes payable 3,793  
Deferred compensation   16,945
Total current liabilities 70,021 79,544
NONCURRENT LIABILITIES:    
Deferred income taxes 47,900 47,295
Postretirement health care benefits 12,943 13,145
Industrial development bonds 7,500 7,500
Liability for uncertain tax positions 3,351 4,240
Operating lease liabilities 78 518
Deferred compensation and other liabilities 79,665 65,973
Total noncurrent liabilities 151,437 138,671
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:    
Capital in excess of par value 706,930 696,059
Retained earnings 32,312 40,809
Accumulated other comprehensive loss (19,815) (20,245)
Treasury stock (at cost) - 93 shares and 90 shares, respectively (1,992) (1,992)
Total Tootsie Roll Industries, Inc. shareholders' equity 763,327 759,854
Noncontrolling interests (227) (205)
Total equity 763,100 759,649
Total liabilities and shareholders' equity 984,558 977,864
Common Stock    
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:    
Common stock, $.69-4/9 par value - 120,000 shares authorized - 39,073 and 38,836, respectively, issued. Class B common stock, $.69-4/9 par value - 40,000 shares authorized - 27,012 and 26,287, respectively, issued 27,134 26,969
Class B Common Stock    
TOOTSIE ROLL INDUSTRIES, INC. SHAREHOLDERS' EQUITY:    
Common stock, $.69-4/9 par value - 120,000 shares authorized - 39,073 and 38,836, respectively, issued. Class B common stock, $.69-4/9 par value - 40,000 shares authorized - 27,012 and 26,287, respectively, issued $ 18,758 $ 18,254